Intuit Inc.
1.73 %
14.08 %
Yet to be announced
Company Overview
Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions. The Consumer segment provides TurboTax income tax preparation products; Credit Karma provides personalized recommendations of home, auto, and personal loans. The ProConnect segment provides ProConnect tax-preparation software products.
Revenue Sources
PassBased on analysis of Intuit's revenue sources, the company's primary income streams come from software subscriptions, payment processing services, and digital marketing solutions. These core business activities are halal as they provide legitimate products and services with clear value exchange. The company does not derive significant revenue from prohibited activities like gambling, alcohol, or interest-based lending.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Jan. 31, 2025 | $3.96b | $3.43b | - | $60.0m | 0.00% | 1.75% |
| Oct. 31, 2024 | $3.28b | $3.07b | - | $60.0m | 0.00% | 1.95% |
| July 31, 2024 | $3.18b | $3.4b | - | $60.0m | 0.00% | 1.77% |
| April 30, 2024 | $6.74b | $3.69b | - | $60.0m | 0.00% | 1.63% |
Examining the last four quarters, Intuit's interest expense remained constant at $60 million per quarter. When compared to total expenses, the interest expense ratio remains well below the 5% threshold for all quarters. This indicates that interest is not a material part of the company's business model or operations.
Operational Ethics
PassWhile Intuit has operations in various countries, research does not indicate any material ongoing relationships with entities involved in human rights violations. The company maintains standard business operations in multiple regions but does not have significant direct ties to the state of Israel or the Chinese Communist Party.
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